2016-08-10Alibaba Group's cloud computing subsidiary Aliyun plans to open four overseas data centers in Japan, Europe, Australia and the Middle East by the end of this year, to speed up the global deployment of its cloud computing infrastructure.
2016-08-10Weibo Corp, the Chinese counterpart of Twitter Inc, expects a strong financial performance in the third quarter of the year, after the company saw more than fivefold increase in its net profit in the second quarter, driven by robust advertising revenue.
2016-08-08Chinese internet company LeEco announced last weekend that its founder Jia Yueting had been appointed as the new chairman of the board of domestic smatrphone maker Coolpad Group Ltd.
2016-08-08It's probably too much to expect that Uber had Shakespeare's 400th anniversary in mind when it decided that discretion was the better part of valor, and moved to fold its Chinese mainland business into that of rival Didi Chuxing. Those inclined to economic patriotism might applaud this Chinese victory, but Didi had, of course, the home-field advantage.
2016-08-04Two leading Chinese companies are bullish on India amid the cooling-off of diplomatic relations between the two countries and downward pressure on the home economy.
2016-08-04Marathons have become a lifestyle choice for many in China, with the market value of the industry exceeding 100 billion yuan ($15.1 billion) as 800 marathons are expected to be held across the nation by 2020, a report said.
Chinese internet major LeEco is in talks with online video-streaming site Netflix Inc for possible cooperation in content, and details could be announced in September, as the Beijing-based firm steps up efforts to expand its presence in the United States.
2016-08-03Beijing's family consumption platform JYall.com and Chinese tech company LeEco (formerly Letv) signed a strategic partnership to tap into the whole industry chain of household consumption sector on Tuesday.
2016-08-03DIDI CHUXING has agreed to acquire the Chinese operations of its rival Uber China, putting an end to the costly battle in the Chinese ride-hailing market. Beijing News commented on Tuesday:
2016-08-03Moves will follow the company's rapid rise in Indian market
2016-08-03Didi Chuxing and Uber China may not have an easy victory in China, even though their newly announced merger is expected by analysts to create a dominant player in the country's rapidly growing ride-hailing market.
2016-07-27ZUK, one of Lenovo Group's smartphone brands founded last year, launched a product tailored for the 2016 Rio Olympic Games in Beijing on Wednesday.
2016-07-27Chinese tech company LeEco announced on Tuesday that it will acquire Vizio, a major TV brand in the US, for $2 billion in cash as it expands globally.
2016-07-16Tencent Holdings Ltd said on Friday that it will merge its QQ music service with China Music Corp, a move combining some of the country's most popular streaming music platforms to build a giant in the digital music market.
2016-07-15E-commerce conglomerate Alibaba Group's Xianyu Auction platform is gearing up its expansion in used luxury sales, by cooperating with the China Certification & Inspection Group luxury identification center.